FirmaIQ
Org.nr 984 918 623 2003 → 2004 Year-over-year analysis

A. ÅRDAL AS: årsregnskap 2004 vs 2003

Shrank 100% on revenue, stronger earnings

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2004 with 2003 for A. ÅRDAL AS. Revenue 480.0k NOK → 720 NOK (-99.8%). Net result +15.1k NOK → +258.6k NOK. Equity 87.7k NOK → 346.3k NOK.

On the constructive side: net result improved; equity strengthened. Pressures included: revenue fell.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for A. ÅRDAL AS.

At a glance

Scorecard

Revenue
480.0k NOK 720 NOK
-99.8%
Operating result
+365.1k NOK n/m
—
Net result
+15.1k NOK +258.6k NOK
+1615.6%
Equity
87.7k NOK 346.3k NOK
+294.8%
Cash
104.7k NOK n/m
—
Total assets
748.0k NOK 5.50m NOK
+634.8%

What improved

  • ↑

    Net result improved

    Net result +15.1k NOK → +258.6k NOK (net margin 3.1% → 35915.1%). Calculated

  • ↑

    Equity strengthened

    Book equity 87.7k NOK → 346.3k NOK (equity ratio 11.7% → 6.3%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 480.0k NOK to 720 NOK (-99.8% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 6.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation